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Delano Herald Journal Notices
New public notices published in the issue of Feb. 7, 2011
2011 MINNESOTA CITY SUMMARY BUDGET REPORT
A report for all Minnesota City budgets for ALL GOVERNMENTAL FUNDS
for which annual budgets have been adopted.
Name of City: Montrose
Population for 2010 as provided by the State of Minnesota Demographer was 2556
Revenues 2010 Budget 2011 Budget
Property Taxes 847,580 847,580
Tax Increments 0 0
All other taxes (franchise, hotel taxes etc.) 11,000 12,000
Special Assessment 50,596 26,800
Licenses and Permits 39,100 32,100
Federal Grants 0 0 State General Purpose Aid (e.g. LGA, etc.) 460,893 574,312
State Categorical Aid (state aid for streets,etc.) 1,000 1,000
Grants from County and Other Local Government 350 350
Charges for Services 305,625 306,525
Fines and Forfeits 0 0
Interest on Investments 0 0
Miscellaneous Revenues 52,799 51,799
TOTAL REVENUE 1,768,943 1,852,466
Proceeds from Bond Sales 0 0
Other financing sources 0 0
Transfers from other funds(incl. Enterprise Funds) 923,023 688,047
TOTAL REVENUES & OTHER FINANCING SOURces 2,745,153 2,540.513
EXPENDITURES
General Government (council, administration, etc.) 448,928 418,638
Public Safety 480,750 485,380
Streets and Highways 140,178 164,870
Sanitation 0 0
Human Services 0 0
Health 0 0
Culture and Recreation 137,317 126,308
Conservation of Natural Resources 0 0
Urban and Economic Development and Housing 36,000 41,000
Miscellaneous Current Expenditure 0 0
TOTAL CURRENT EXPEDITURE 1,243,173 1,236,196
Debt Service-Principal 904,901 648,000
Interest and Fiscal Charges 435,361 378,223
Streets and Highways Construction 0 0
Capital Outlay 0 0
Other Financing Uses 0 0
Transfers to other funds (Include Enterprise Funds) 0 0
TOTAL EXPENDITURES AND 2,583,435 2,262,419OTHER FINANCING USES
FUND BALANCE
General Fund – Beginning Balance (Jan. 1) 224,678 405,218
General Fund – Ending Balance (Dec. 31) 405,218 496,904
Increase (Decrease) in Fund Balance 180,540 88,686
OTHER ITEMS
Total property tax levy – All Funds 847,580 847,580
Net Unrealized Gain or (Loss) from
Investments for 2009 0 0
/s/ Barbara C. Swanson
Clerk/Treasurer
763-675-3717
Published in the Delano Herald Journal Feb. 7, 2011.